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enI'm Downhttp://www.wrko.com/blog/todd/im-down
<strong>You <a href="http://www.reuters.com/article/ousiv/idUSTRE4BF75Y20081216" target="_blank">are not alone.</a></strong>
<blockquote>Yale University's endowment has lost 25 percent, or $5.5 billion, in four months, becoming the latest wealthy university to say how much of a bite the current financial crisis has taken out of its finances.
Yale President Richard Levin wrote to the school's faculty and staff on Tuesday, warning them the decline would force budget cuts in coming academic years.
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"Our best estimate of the endowment's value to<p><a href="http://www.wrko.com/blog/todd/im-down" target="_blank">read more</a></p>endowmentgoldman sachsinvestmentsreal estateUncategorizedyaleWed, 17 Dec 2008 02:09:45 +0000Todd6616 at http://www.wrko.com